If you make salsas, jams, sausages, or a similar type product, you’re creating a value-added product. You are taking your raw ingredients (tomatoes, fruit, chilies, pork, etc…) and adding value to them so that you can sell them at a …
If you’re growing your business, you’re likely investing in new infrastructure and/or equipment. And that means, you’re looking for OPM (other people’s money). To get ready for the ask, it’s important to know: what kind of investment you need, whether …
Just want the templates? Here’s the complete package from opportunity assessment to creating a cash flow budget.
Throughout the program, we refer to these templates to help you analyze your financials and make decisions. We’ve compiled them all here for you. These templates are an exclusive feature for the “The Farmer’s Edge” online course. For general tips …
In the last decade or so, weather patterns have become more extreme and unpredictable. Different parts of the globe have experienced a range of devastating rains, scorching droughts that fuel wildfires, hurricanes, and unseasonable temperatures. Crop plans that made sense …
Excel is a powerful tool that can help farmers sort and organize their numbers… whether you’re using excel to track expenses, to create a budget, or to calculate your cost of production. Excel can help you with planning a projections …
Few businesses have such wild swings in cash flow as farms do. Vegetable farms bleed cash in the winter and spring as they plan for the growing season; and it’s not until June when the cash starts to trickle back …
Perhaps the most basic concept in business – you need to price (and sell) your products for more than it costs you to produce. And at a price that allows you to also cover your overhead and have something leftover …
The section offers an overview of basic business concepts that are important for farmers as they build their record keeping systems and plan for growth. Many of the concepts discussed in this section will come up throughout the program. At …
QuickBooks is the bookkeeping software that most small businesses use; and it’s what I recommend for all my clients. This section gives an overview of QuickBooks, how to set up your company file, and start entering basic transactions. Before starting …
With a basic understanding of QuickBooks, we can dig deeper into its functionality — such as using items to better track sales and expenses; and journal entries to ensure QuickBooks better reflects your economic reality. We go over reports and …
Perhaps the most basic concept in business – you need to price (and sell) your products for more than it costs you to produce. You may not realize you’re losing money on one crop if you only look at your …
Few businesses have such wild swings in cash flow as farms do. Vegetable farms bleed cash in the winter and spring as they plan for the growing season; and it’s not until June when the cash starts to trickle back …
You’ve kept good financial records. Now what? In this workshop, we will review the financial statements with a managerial eye: What does the Balance Sheet tell me about my business? How can I improve my profitability by reviewing by my …
Thinking about purchasing a tractor or building a new farm-stand? Investing in your business requires thought and planning; especially if you need to borrow money. In this section, we discuss how to analyze investment opportunities. We’ll walk through the steps …
We will work through a live Excel spreadsheet and create cash flow projections, step by step: • Review historicals • Make assumptions about revenue and expenses • Build out a profit and loss statement based on assumptions • Layer in …
Tracking inventory can help you understand the how much of each item you sell at the farmers’ market or through your farmstand; which can be especially helpful if you don’t have a good POS system. Knowing the detailed sales will …
Rewatch recordings of our live webinars featuring a range of presenters including: Dan Brisebois, The Farmer Spreadsheet Academy Elaine Lemmon, Kitchen Table Consultants Myrna Greenfield, Good Egg Marketing Cian Dalzell, Three Maples Garden Market and yours truly, Julia Shanks, The …
Important notes: If you already have a membership account, be sure to login into your account to access the templates. Do not click on “Take this Course” If you’re not registered; click on the “Take this Course” button to register …
Throughout The Farmer’s Edge program, we refer to these templates to help you analyze your financials and make decisions. We’ve compiled them all here for you. These templates are an exclusive feature for the “The Farmer’s Edge” course. Get your …